- Parex Resources Inc. press release (TSX:PXT:CA): Q4 FFO per share of $1.85
- GAAP EPS of $1.28
- Record average production of 57,329 boe/d, an increase of 6% over Q4 2022 and 5% over Q3 2023.
- As at December 31, 2023, cash was $140 million and working capital surplus $79 million; working capital was supplemented by the Company's secured credit facility that had $90 million drawn as at year-end due to the timing of vendor payments and oil sale collections at the end of the quarter.
Parex Resources reports Q4 results
This was corrected on 03/01/2024 at 5:35 AM. Editor's note: The revised post corrects reporting currency.